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Ivanhoe Corporation manufactures two products with the following characteristics. Unit Contribution Margin Machine Hours Required for Production Product 1 $54 0.15 hours Product 2 $50
Ivanhoe Corporation manufactures two products with the following characteristics.
Unit Contribution Margin | Machine Hours Required for Production | |||
---|---|---|---|---|
Product 1 | $54 | 0.15 hours | ||
Product 2 | $50 | 0.10 hours |
If Ivanhoes machine hours are limited to 2,000 per month, determine which product it should produce.
Product 1 | Product 2 | |||
---|---|---|---|---|
Contribution margin per unit of limited resource | $enter a dollar amount | $enter a dollar amount |
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